Wendy's NNN — Rocky Mount, NC

$4,062,752 · 6.25% CAP · 8 YRS

Corporate-guaranteed Wendy's drive-thru in Rocky Mount with a 26-year operating history at the site and about eight years left on the absolute-net base term. Increases of 10% arrive every five years through the base term and four options.

Lease Abstract

Price

$4,062,752

Cap rate

6.25% CAP

NOI

$253,922

Term remaining

8 YRS

Lease type

Absolute NNN

Increases

10% every 5 years

Options

Four - 5 Year Options

Guarantee

Corporate

Building

3,138 SF

Lot

0.95 AC

Year built

1999

Renovated

2014

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Location

Rocky Mount, North Carolina. Full address and offering memorandum released on request — see our Wendy's tenant guide and the North Carolina market page for the underwriting context.